The Stochastic Indicator

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Quote from nwbprop:

test 1 worked for me:cool:
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Here is an updated test 1. It will be a two pager for the spread sheet.

When I add charts for several H/L ranges as Standards for us at all the trading levels Beginner, Int and Exp, the H/L stuff and the coefficient will get better qualified.

the ice berg L stands for linked trades. L6 is six trades.

The slalom stands for T is trade # using iceberg ref and 3 pts is the total. (this was poor slalom time but I wanted to just go through the calc.)

Page 1 gets the chart located. Page 2 has two sets of data: Left (Gthrough J) Classifies the day and the rest through O tells us how money is being made and the potential the market offered to us for SCT basic pre contract trading.
 

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I'm cruising through the thread. Up to page 30.

for some reason my column E is useless because colum, D entries are sitting on top of it. I have tried some stuff to get it to narrow without luck. I tried to come down column E but it will not let me.

Only row 3 works. I do not know why.
I added the original thread page on the right of the Chart ID # column.

See if you can get column D to work so I can use column E.
 

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Jack,

somehow you (accidentally?) merged part of column D and E. Select the beige cells (the ones that are the problem), select format, alignment tab, and deslect merge.

Edit: you may have trouble selecting cells with mouse because of hyper links. So select adjacent cell with mouse, then hold down shift key while you use cursor arrows. I hope this makes sense (and not insulting you if you knew this already)
 
Quote from bundlemaker:

Jack,

somehow you (accidentally?) merged part of column D and E. Select the beige cells (the ones that are the problem), select format, alignment tab, and deslect merge.

Edit: you may have trouble selecting cells with mouse because of hyper links. So select adjacent cell with mouse, then hold down shift key while you use cursor arrows. I hope this makes sense (and not insulting you if you knew this already)
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i will try your suggestions.

Unfortunately I am fairly ignorant on using a computer.
I type at a very different speed than i read or think. a real practical challenge for my patience.
 
Personally I find an indicator(s) extremely helpful in confirming an entrance or exit when used along with the chart pattern.

Divergences may be the most helpful and significant use of indicators, be it sto, macd, rsi, or your favorite. I find they all do about the same thing in their own way depending upon the settings you use.

I believe trading without any would be counterproductive. I use a pair, and find when the both fail, I have a 85% winner.
 
The attached graph shows a fairly relaxed intermediate level day today.

I am using the STOC 5, 2, 3 linked (reversal trades).

You see the red triangles on the MACD where the sequences onfold for decision making. as you trade you cn be more or less aggressive in the signal in the sequence that you choose.

As I get the excel list of charts set up, we can use it along side the preflight checks to be able to monitor more and more effectively.

right now i am getting closer to winning the fight with excel on the "chart book". when I get into it further, i will hve a referencing syetem that will accompany the Version II re-edit.

Working ahead past the chronological process for learning this stuff, I am getting Phase III started along the lines of theinformation outline in the journal. This is not chronological but on the other hand it is a SCT Technical and Psychological Guidebook with three Parts: The construct; Building wealth; and Applying the Life-Cyle Hypothesis.

Phase II is the Knowledge and Skills Support Base comprised of the Bold Spin Out Definitions, Ideas and Cross Reference and the Chart Book (set up using the excel sheets)
 

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I seem to have overcome a real weakness of mine -- overtrading -- by concentrating on the 1, 2, 3 trend development. Now I've swung too far in the other direction!

Today, I was so caught up in drawing my trend lines and waiting for a new point 3 to develop, I missed one of my key signals, the MACD Xover. This is the second time I've done this, resulting in a loss of nearly all of the profits made to that point in the morning. It will be immediately obvious to all who do regular C&R that I also did not have a stop in place during all of this. I'm working on my stop log, but I don't have it down yet.

What I want to do is to be able to catch these signals, even as I'm caught up in my trendlines. I'm going out TONIGHT to purchase some cards I can use as flaw cards. Next time I'm in a trend, I'll take out my flaw cards and review the signals I need to watch out for. Also, by filling out my stop log, I should be more aware of some key signals.

I am getting caught up on the material here, although I recall with some humor my original estimation that I would do a careful reading of everything in "a couple of days". There's a lot here, but I feel I have a good grasp of the fundamentals thanks to many who have posted their trades over the last few months. Thanks especially to Jack for showing us all the way. If I can only put theory to practice without making too many mistakes, I'll be in great shape.
 
Quote from StockSniper:

I seem to have overcome a real weakness of mine -- overtrading -- by concentrating on the 1, 2, 3 trend development. Now I've swung too far in the other direction!

Today, I was so caught up in drawing my trend lines and waiting for a new point 3 to develop, I missed one of my key signals, the MACD Xover. This is the second time I've done this, resulting in a loss of nearly all of the profits made to that point in the morning. It will be immediately obvious to all who do regular C&R that I also did not have a stop in place during all of this. I'm working on my stop log, but I don't have it down yet.

What I want to do is to be able to catch these signals, even as I'm caught up in my trendlines. I'm going out TONIGHT to purchase some cards I can use as flaw cards. Next time I'm in a trend, I'll take out my flaw cards and review the signals I need to watch out for. Also, by filling out my stop log, I should be more aware of some key signals.

I am getting caught up on the material here, although I recall with some humor my original estimation that I would do a careful reading of everything in "a couple of days". There's a lot here, but I feel I have a good grasp of the fundamentals thanks to many who have posted their trades over the last few months. Thanks especially to Jack for showing us all the way. If I can only put theory to practice without making too many mistakes, I'll be in great shape.
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i can guarrante that with a flaw box you will immedieately catch tose signals.

Secondly, you have correctly determined that the stop log is th consumate way to keep your trading at a peak. secondarily, you definitely have protection. I appreciate your post. It just ties so much together for having and continuing success.

On the other hand my excel spread sheet is still making colored spots all over column E.

The chart book is going to be a priceless resourse. I'm on line 66 at this point for the left side.

I need a detective to go to work for me. I posted a series of 12 charts as a day progressed in another thread. I need to find it.

Would someone dig it up if you know where it is? just give me the lead to get there. I need to put a narrated appendix in the chart book with the attachments.
 
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